Better U

Better U

Better U, with a valuation of $29.97 million, is raising funds on StartEngine. The company provides science-backed treatments for a variety of mental and physical health struggles. Better U integrates talk therapy, sexual health, weight loss, ketamine-assisted therapy, and functional medicine to support lasting improvement and deliver holistic well-being. The platform generates $700,000 in monthly revenue, with 89% of the clients reporting significant relief within one month. Derek Du Chesne founded Better U in June 2021. The current crowdfunding campaign has a minimum target of $123,998 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, company employment, marketing, and working capital.

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Investment Overview

Raised this Round: Raised: $62,651

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/18/2024
Close Date
02/13/2025
Min. Goal
$123,998
Max. Goal
$1,234,989
Min. Investment

$245

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.21

Pre-Money Valuation

$29,974,120

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
West Hollywood, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
21
Prior Founder Exits?
No
Founder Name
Derek Du Chesne
Title
CEO

Financials

as of September 29, 2024
 Revenue +60% YoY
$4,304,019
 Monthly Burn
Profitable
 Cash on Hand
$422,000
Gross Margin
93%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$4,304,019

$1,700,344

COGS

$304,700

$410,534

Tax

$91,740

$0

 

 

Net Income

$329,768

$103,415

Summary Balance Sheet

FY 2023 FY 2022

Cash

$122,268

$217,155

Accounts Receivable

$213,848

$0

Total Assets

$799,379

$218,277

Short-Term Debt

$307,809

$99,802

Long-Term Debt

$54,407

$0

Total Liabilities

$362,216

$99,802

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$55
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/13/2025 StartEngine $29,974,120 $62,651 Equity - Common Active RegCF
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Add to portfolio
Better U on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $29,974,120
Price per Share: $5.21

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Follow Better U on StartEngine 2024

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